Remittance inflow marks rise in Oct

The country's remittance inflow marked a rise in October after its decline in September this year.

As per the statistics provided by the Bangladesh Bank, the country received $1.239 billion in remittance from expatriate Bangladeshis living in various countries while it had received $1.138 in September. In August, the remittance earning was $1.411 billion.

The maximum remittance came through private commercial banks as they received $913.30 million while the nine foreign banks $8.88 million, reports UNB.

Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the chart as it received $224.50 million, followed by Dutch-Bangla Bank's $93.51 million and Mutual Trust Bank's $51.83 million.

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